CADCHF: descending channel

3 thg 9, 2023

The CAD/CHF is moving within a descending channel. Currently, a strong support is holding the price, and if it breaks, a significant decline is expected. However, there's a possibility it might return to the top of the channel before that. Nevertheless, if it were to break out of the channel to the upside, I anticipate a larger correction.

https://www.tradingview.com/x/q3724GoB/

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